Press release
Magnetics Powder Core Market will reach 600 million US$ in 2023
A magnetic core is a piece of magnetic material with a high magnetic permeability used to confine and guide magnetic fields in electrical, electromechanical and magnetic devices such as electromagnets, transformers, electric motors, generators, inductors, magnetic recording heads, and magnetic assemblies.
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Global Magnetics Powder Core Market: Forecast by Type / Application / Region
The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.
Significant and lasting barriers make entry into this market difficult. These barriers include, but are not limited to: (i) product development costs; (ii) capital requirements; (iii) intellectual property rights; (iv) regulatory requirement; and (v) Transitions’ unfair methods of competition.
The worldwide market for Magnetics Powder Core is expected to grow at a CAGR of roughly 3.0% over the next five years, will reach 600 million US$ in 2023, from 500 million US$ in 2017, according to a new GIR (Global Info Research) study.
This report focuses on the Magnetics Powder Core in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Global Nonferrous Metal Recycling Market:Key Players
MAGNETICS
CSC (Changsung Corp.)
POCO Magnetic
Hitachi
Micrometals
TDG
Dongbu Electronic Materials
Zhejiang KEDA Magnetoelectricity (KDM)
Samwha Electronics
DMEGC
Huzhou Careful Magnetism
Nanjing New Conda Magnetic Industrial
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Related Information:
United States Magnetics Powder Core Market 2018 Forecast to 2023
Europe Magnetics Powder Core Market 2018 Forecast to 2023
North America Magnetics Powder Core Market 2018 Forecast to 2023
Asia-Pacific Magnetics Powder Core Market 2018 Forecast to 2023
China Magnetics Powder Core Market 2018 Forecast to 2023
EMEA Magnetics Powder Core Market 2018 Forecast to 2023
Global Magnetics Powder Core Market 2018 Forecast to 2023
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